Palestine’s Hamas launched an unprecedented attack on Israel over the weekend, resulting in the deaths of more than 700 Israelis. At the same time, Israel declared a state of legitimate war for the first time in its government's name since 1973. Additionally, dozens of hostages, including Americans, were taken back to Gaza.For both parties in the conflictIsrael's military prowess in the Middle East is not "unbeatable." $iShares MSCI Israel ETF(EIS)$ Israel's significant intelligence failures left it unprepared for Hamas's hybrid warfare tactics, including lightning-fast small team raids and basic drone attacks.Internal political divisions in Israel may have contributed to the success of this attack.The United States, as an ally, may have been more
September's strong jobs report: good or bad news?
US economy added 336,000 jobs in September, surpassing expectations. Nonfarm Payrolls 336K vs Forecast 170K The robust job report signals that the Fed will likely have to hike its target rate further to slow hiring and the broader economy to tame inflation. ---------------- 1. What does this mean for the economy? 2. Will higher-than-expected NFP supress stock market?
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